Avacon

Avacon AG
legal form	Corporation
founding	August 20, 1999
Seat	Helmstedt , Germany
management	Board: Marten Bunnemann (Chair); Julia Kranenberg; Stephan Tenge; Chairman of the supervisory board: Thomas King;
Number of employees	1700
Website	www.avacon.de
	Status: 2015

Avacon administration building in Helmstedt

Avacon logo until June 2013

The Avacon AG is one of the largest regional electricity and gas network operators in Germany, located in the Lower Saxony district town Helmstedt . The company is a subsidiary of the E.ON Group.

The network area extends from the North Sea coast to southern Hesse. The electricity network has a length of more than 66,000 km and the gas network has a length of more than 20,000 km.

history

The group was created in 1999 from a merger of the Hanover-Braunschweigische Stromversorgungs-AG (HASTRA), the Überland-Zentrale Helmstedt AG (ÜZH), the Energieversorgung Magdeburg (EVM AG), the Ferngas Salzgitter GmbH (FSG) and the Landesgas Niedersachsen AG and has been part of the E.ON Group since 2005 . On July 1, 2005, Avacon was renamed E.ON Avacon . Since July 1, 2013 it has been called just Avacon again.

The company is 40% owned by E.ON Beteiligungs GmbH. 38.5% of the shares belong to municipal shareholders and 21.5% to Bayernwerk AG .

Holdings

The Avacon was involved in 52 companies in the year, 2014. The following table lists all companies with a stake greater than twenty percent.

Avacon AG holdings
society	Seat	proportion of	Business area
Avacon high pressure network GmbH	Helmstedt	100.00%	High pressure network
Avacon Natur GmbH	Sarstedt	100.00%	Heating and cooling supply, power generation
Steyerberg biogas	Braunschweig	100.00% (held by Avacon Natur GmbH)	Biogas production
SVO Holding GmbH	Celle	50.10%	Electricity, gas, water, heat
WEVG Salzgitter	Salzgitter	50.22%	Electricity, gas, water, heat
LandE GmbH	Wolfsburg	69.60%	Electricity, gas, water, heat
Purena GmbH	Wolfenbüttel	94.47%	water
HSN Magdeburg GmbH	Magdeburg	74.90%	Operation of high-voltage networks
Energy supply Sehnde GmbH	Sighted	30.00%	energy
Energy supply Vechelde GmbH & Co. KG	Vechelde	49.00%	energy
Energiewerke Isernhagen GmbH	Isernhagen	49.00%	energy
Gasnetzgesellschaft Laatzen-Süd mbH	Laatzen	49.00%	energy
Gas storage facility Lehrte GmbH	Helmstedt	100.00%	Gas storage
Gemeindewerk Wedemark GmbH	Wedemark	49.00%	Network operator
Infrastructure company City of Nienburg / Weser mbH	Nienburg / Weser	49.90%	Operation street lighting
Luna Lüneburg GmbH	Luneburg	49.00%	Operation street lighting
Netzgesellschaft Gehrden mbH	Gehrden	49.00%	Network operator
Network company Bad Münder GmbH & Co. KG	Bad Münder	49.00%	Network operator
Network company Barsinghausen GmbH & Co. KG	Barsinghausen	49.00%	Network operator
Netzgesellschaft Hemmingen mbH	Hemmingen	49.00%	Network operator
Network company Hildesheimer Land GmbH & Co. KG	Giesen	49.00%	Network operator
Network company Hildesheimer Land Verwaltung GmbH & Co. KG	Giesen	49.00%	Network operator
Netzgesellschaft Ronnenberg GmbH & Co. KG	Ronnenberg	49.00%	Network operator
Netzgesellschaft Stuhr / Weyhe mbH	Weyhe	49.00%	Network operator
Network company Syke GmbH	Syke	49.00%	Network operator
Stadtwerke Blankenburg GmbH	Blankenburg	30.00%	energy
Stadtwerke Burgdorf GmbH	Burgdorf	49.00%	energy
Stadtwerke Garbsen GmbH	Garbsen	24.90%	energy
Stadtwerke Neustadt GmbH & Co. KG	Neustadt	24.90%	energy
Stadtwerke Wolfenbüttel GmbH	Wolfenbüttel	26.00%	energy
Stadtwerke Wolmirstedt GmbH	Wolmirstedt	49.40%	energy
regiolicht Niedersachsen GmbH	Helmstedt	100.00%	Street lighting solutions
Municipal Works Uetze GmbH	Uetze	48.98%	energy
Stadtversorgung Pattensen GmbH & Co. KG	Pattensen	49.00%	Network operator
Stromnetzgesellschaft Bad Salzdetfurth mbH	Zerbst	49.00%	Network operator
Überlandwerk Leinetal GmbH	Gronau	48.00%	energy
Energy Agency Weyhe GmbH	Weyhe	50.00%	energy
Metegra GmbH	Laatzen	25.00%	Energy measurement technology
EAV Beteiligungs-GmbH	Helmstedt	100.00%	---